The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
GENEVA, Switzerland — Luxury goods group Richemont is committed to keeping its Lancel and Dunhill fashion brands, both of which have undergone intense restructuring, a source close to the company said on Monday.
"Richemont is firmly committed to these brands," the source said on the sidelines of the SIHH watch fair that opened on Monday. The source, who spoke of condition of anonymity, said first results at Dunhill looked promising.
The source said Richemont, known for Cartier jewellery and IWC watches, had no further plans at this stage to cut jobs at its watch factories in Switzerland or to buy back unsold inventory from retail partners, although buybacks were not ruled out.
By Silke Koltrowitz; editor: Michael Shields.
The 10 themes in The State of Fashion 2023, the authoritative annual report from The Business of Fashion and McKinsey & Company, highlight how businesses can deploy realistic yet bold strategies to drive growth, even amid challenging times.
The women’s rights activist and Nobel Peace Prize winner spoke with BoF’s Imran Amed about education, growing up as an activist and the evolution of her own activism at BoF VOICES 2022.
BoF’s Imran Amed and McKinsey’s Achim Berg unpack what opportunities and challenges businesses should be on the lookout for in 2023.
Tim Blanks sits down with Ziad Ahmed, chief executive of JUV Consulting and Stephanie Simon, the former head of community at Clubhouse to reflect on VOICES.